Mr. Speaker, the government has been working hard to find a response to the farm income crisis.
Nationally, farm income is declining. Commodities taking the deepest dive are grains and hogs. In Manitoba and Saskatchewan, where concentration is particularly intense, farm income is expected to drop about 40% and 70% respectively. Although the impact is most severe on the prairies, wherever these crops are produced farmers are hurting.
The problems that began in Asia have caused a multiplier effect around the globe. Customers no longer have the funds to buy, supply is increasing and prices are falling into the basement. European and American subsidies are compounding the problem.
In my home province of Manitoba farmers tell me that the need for assistance is urgent and the time to act is now. I urge all members—